'AB Arogyadaan' – is a New Health Insurance Scheme Initiated by Andhra Bank

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Andhra Bank has launched a new health insurance scheme – AB Arogyadaan. This will provide improved health services to their customers, which can take care of the entire family of the account holder.

Mr.D Surendra Rao who is the Deputy General Manager of the bank said that this plan would offer lower premium rates for maximum coverage - for medical facilities up to Rs. 20 lakh.

Critical Care Health Insurance Plan
A critical illness policy is exactly what it says – it is used for when you are critically ill and your health policy may not be enough.

He also stated that this plan had additional benefits. This plan could cover a family of four, which included the account holder, his spouse and 2 dependent children. The account holder could claim 80D for relief from income tax on premiums paid.

The plan also offered cashless facility in 860 hospitals which included – the Nalluri Hospital, Venkatramana Hospital and the Sunderraja Nursing Home in Ongole.

Quiz on Health Insurance
This Quiz is to test your knowledge on health insurance in the U.S, there is so much activity with the new law and building of Health Exchanges – all peaking for a January 2014 deadline.

Ankit Sharma, June 2014

Hannah Punitha (IRDA Licence Number: 2710062)